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Your reply overlooks the fact that the seller will demand a greater
number of US dollars for a bbl of oil when that currency is weak. NOYB wrote: Nope again. You just flunked freshman econ... again... will you (and the rest of the Bush-Cheney cheerleaders) ever learn? ... What drives the price is competition from competing currencies. That is a factor, yes. Not the deflated value of the dollar. Ahem... look up the definition of "deflated" with respect to currency... and re-think this statement... actually, don't "re-" think it, think for the first time... DSK |